Today, S&P Global announced a strategic shift in its upstream energy business, selling its geoscience and petroleum engineering software portfolio to SLB and launching an AI‑powered platform called Titan to accelerate data insights for U.S. onshore and unconventional operators. The portfolio includes Kingdom Software, Petra, Harmony Enterprise, Analytics Explorer, SubPUMP, PowerTools, FieldDIRECT, Piper, WellTest, and The Element Platform, all of which are widely used in daily workflows by U.S. land operators. Titan, currently in beta with select customers, will serve an estimated 110,000 users across 4,000 client organizations and offers global coverage in 113 countries. The transaction is subject to customary conditions and is expected to close in the second half of 2026 or early 2027, with terms undisclosed. "This new strategic direction for our upstream business will allow us to transform a core part of our business and deliver enhanced value to our customers," said Dave Ernsberger, President, S&P Global Energy . "Backed by an innovative new AI-powered platform, Titan, that will fundamentally change how our upstream data is connected and delivered, we are taking a significant leap forward in how we serve global energy markets as the most trusted provider of data and insights," Ernsberger added. "Unconventional markets demand speed, scale and efficiency," said Olivier Le Peuch, Chief Executive Officer, SLB . "This software portfolio is widely used by U.S. land operators in their daily workflows. By integrating these capabilities with our industrial-scale digital platforms and AI technologies we can serve customers across the full spectrum of subsurface and planning needs," Le Peuch noted. With the divestiture freeing resources to focus on proprietary data and insights, and Titan poised for full commercial launch later this year, S&P Global is positioning itself to deliver faster, data‑driven decisions for the next generation of upstream operators, while SLB expands its digital footprint across the exploration, production, and midstream sectors.